FRIDAY, AUGUST 5, 1966
THE MICHIGAN DAILY
FRIDAY, ATJGUST 5,1966THE MICHIGAN DAILY
Steel
Price
Hike
$50 FOR SAFETY:
Deened Safety]
Irresponsible, Inflationary
To Boos
Items, Steel Prices
at 1967 Auto Costs
WASHINGTON (1)-The White
House denounced -a wave of steel
price increases as irresponsible and
inflationary yesterday but there
was no sign of any move to force
a rollback.
President Johnson withheld any
direct comment, but a White House
spokesman said the chief execu-
tive "received the news with con-
siderable concern that the public
interest had been violated by the
decision to increase prices."
White House press secretary Bill
D. Moyers declined to speculate on
what if any action the government
might take to counter the suc-
cession of price boost. announce-
ments coming from the steel com-
panies.
Moyers said flatly that this
week's steel price hikes "are in-
flationary."
The administration had tried
quietly but vainly to stem the tide
after the first leak in the dam ap-
peared Tuesday night. That was
the initial announcement by In-
land Steel Co., one of the smaller
producers, that it was raising
prices.
Inland conceded at the time
that it would have to do an about-
face if the rest of the industry
did not fall in line.
Johnson's chief economic advis-
er, Gardner Ackley, chairman of
the Council of Economic Advisers,
protested in a statement that some
of the big producers had ignored
an urgent request to talk it over
before raising prices.
After Inland Steel started the
price-hiking parade, Ackley sent
telegrams to 12 other steel com-
panies saying, "may I urgently re-
quest that your company take no
action prior to discussion with the
government."
Moyers said only one producer
responded - a Bethlehem Steel
representative discussed the situa-
tion personally with Ackley yes-
terday morning. Bethlehem then
raised its prices, too.
GOP Presidential Nomination
May Be Decided in November
Ackley's public statement did
not specifically categorize the
price boosts as inflationary, in
the administration's judgment, but
Moyers said Ackley had told him
that "there is no question in his
mind but that they will contribute
to inflationary pressures."
A break in the war of nerves
that lasted less than two days
came when U.S. Steel, and later
Bethlehem Steel, the nation'stwo
largest producers, announced in-
creases of $2 and $3 a ton on sheet
and strip metal.
This along with a Kaiser Steel
Corporation price hike made 10
companies since Tuesday that an-
nounced the same types of price
increases on steel products used
in automobiles and major appli-
ances. Other firms were expected
to follow suit.
The White House did not indi-
cate what its next move would be,
if anything.
"This is not an hour in which
this business leadership of Amer-
ica can take pride," Ackley said.
Some government sources said
the increase might spread to other
industries at a time when the ad-
ministration is trying to stabilize
prices as part of its anti-infla-
tion program.
The current round of steel price
increases, all effective Aug. 10,
came against a backdrop of a
booming economy, increasing costs
of the war in Viet Nam, wage
settlements which have exceeded
the administration's guidelines,
and rising prices.
benefits increases of 6 to 7 per
cent.
In announcing price boosts, the
steel companies cited increased
cost of labor and material as fac-
tors.
The labor agreement now in ef-
fect throughout the industry pro-
vides increased pension benefits
effective Aug. 1-an extra $15 a
month for every retired worker
and the option for workers with
30 years of service to retire on
full pension regardless of age.
That same agreement calls for
hourly pay boosts of 6 to 12 cents,
depending on job classifications,
next Aug. 1.
DETROIT -New car buyers,,
already facing higher price tags'
on 1967 models because of added
safety items, may have to dig
still deeper into their pockets if
newly announced steel price in-
creases stand up.
Auto companies adopted an of-
ficial "no comment as yet" atti-
tude yesterday about the $2 to $3
a ton price hikes announced by
various steel makers.
Unofficially, industry spokesmen
expressed the doubt car makers
could absorb the steel price hike,
along with increased labor costs
and higher costs of other mater-
ials without increasing auto prices.
"You can be certain that we are
keeping a very close watch on the
situation," said a Ford Motor Co.
spokesman. He pointed out that
auto pricing, is a very competitive
business and that no company
would make a move until it had
studied every possible effect of
the jump in steel costs.
The auto industry is the No. 1
customer of the steel industry, tak-
ing more than one-fifth of the to-
tal steel output in this country.
Since the average car has just
over a ton of steel, some figured a
$2 to. $3 increase in car prices
would cover the increased costs
of steel.,
There were some indications,
however, that if the pricing door
were opened because of increased
costs of steel, the auto companies
might pass along some other in-
creases.
The United Auto Workers Union'
said it was studying the- steel
price situation closely.
A UAW spokesman, asked for
comment on the steel situation,
said the union was standing on its
recent convention action which
proposed creation of a price-wage
review board, assisted by a con-
sumer council, "to replace the
present unfair and ineffective
price-wage guideposts."
Under the UAW's proposal, any
corporation in a dominant mar-
keting position-defined by the
World News Roundup
union as controlling 25 per cer
or more of sales in a key industr
-would have to give at least 6
days notice of a price increase.
The price-wage review boar
would have full opportunity i
turn the public spotlight on prc
posed price or - wage increase
which it figured to be out of lin
the UAW said.
Auto company spokesman admit
ted the steel price adjustmeni
had come at a bad time as far
auto companies were. concerne
Their 1967 cars are just abot
ready for market and final fig
uring on prices has been und
way.
Recent statements of key aut
executives indicated, however, thi
the consumer is going to be aske
to pay at least part of the tab fa
17 safety items which will be ir
cluded on 1967 cars as a result (
suggestions by the General Seri
ices Administration.
Some sources have estimate
that $50 would be a goodguess a
to the probable cost of the. con
sumer for his safer 1967 car. I
the steel price increases stick, th
car cost'could go up another $2 c
$3 and possibly more.
DETROIT (T - Republican
George Romney and Democrat G.
Mennen Williams will be running
for separate office in Michigan's
November election, but what could
be the biggest prize of all isn't on
the ballot-the 1968 GOP presi-
dential nomination.
Romney, 59, seeking reelection
to his third term as governor, is
expected to make a bid for the
White House candidacy if all goes
well in the next two years.
Wiliams, 55, who virtually cre-
ated the Michigan Democratic
party in his own image, hopes to
be elected to the U.S. Senate and
tarnish Romney's national image
in the process.
His opponent is Republican Sen.
Robert' Griffin, 42, who was ap-
pointed by Romney to fill the
vacancy left by the death of Sen.
Patrick McNamara, a Democrat.
In most political futures books,
both Romney and Williams are
favored to win in a state where
independent ticket splitters often
decide elections. But it will be the
size of the victory margins -
rather than the winners-that will
attract the most interest among
political analysts.
In 1964, while President John-
son was clobbering Republican
Barry Goldwater in Michigan by
a 2-to-1 margin, Romney bucked
the Democratic landslide and won
his second term by smashing Dem-
ocrat Neil Staebler by 383,000
votes.
Romney's opponent this time is
Zolton Ferency, 44, the Democrat-
ic state chairman, who concedes
that he is fighting a stiff, uphill
battle.
"I'm gaining, though," he says.
"People no longer ask what is
Ferency, they now want to know
who is Ferency?"
If Romney can roll up enough
votes to carry some congressional
candidates into office on his coat-
tails, he will add to his prestige
as a vote getter who might head
up a strong Republican ticket
challenging President Johnson in
1968.
For that reason, Williams and
Michigan's powerful Democratic-
labor coalition will be throwing all
they have into an effort to em-
barrass the Republican governor.
If they can succeed in knocking
off Romney, his presidential nom-
ination chances will vanish,
By The Associated Press
NEW YORK--Agriculture Sec-
retary Orville Freeman said yes-
terdayrhe was directing the Fed-
eral Trade Commission to con-
duct a speedy nationwide probe of
spiraling food price increases.
Freeman said the investigation,
expected to be finished within
three months, will be centered on
the high consumer prices of house-
hold staples, especially bread and
milk.
WASHINGTON - Thirty U.S
military men, most of them air-
men, have been killed in American
operations in Laos since 1964, it
was learned yesterday-.
. Some business sources called the This is 19 more than the Pen-
timing of the steel increase an- tagon publicly acknowledged last
nouncements ideal, coming as they May in a statement which repre-
did right after the administration sented a break in official secrecy
setback at the hands of the air- surrounding U.S. activities in the
line machinists who rejected a kingdom bordering Viet Nam.
contract providing wage and fringe The deaths reflect a step-up in
}}".."jw.;,";",}yrrr: { ,,"yy}r{..".,rr,..{..+v ,. Amtericant military operations in
GENEVA - The United States
large measure of agreement on
.n=...,........................_~..M...,r, s sa and t esv edUnionureachedisa
tions, satellites and vehicles in
outer space, on the moon and the
planets should at all times be
open to representatives of other
states, and that the space pow-
ers should keep the world's scien-
tists and public informed of their
activities and findings.
BOGOTA, Colombia-A bomb
exploded in the Colombo-American
cultural center yesterday and po-
lice said at least five persons
were killed and 10 others serious-
ly wounded.
Most of the victims were pre-
sumed to be Colombians, but a po-
lice spokesman said a U.S. in-
structor may have been among the
casualties.
The modern structure in which
the U.S. Information Service-
sponsored center is on the edge
of the downtown business district.
The center offers courses in Eng-
lish.
It is only a few blocks from an-
other modern office building hous-
ing the U.S. consulate, where two
bombs exploded two weeks ago.
THANK YOU
U-M Barber Customers
and friends for your
patronage. We now
WELCOME you to the
DASCOLA BARBERS near
the Michigan Theater.
-Dominic Dascola
Michigan Lit '36
'' I sinar w inmminmmmmmminmrmmr~r" .r~tmrmmu..mm saii,
ti
1 1
,a
I ( 95
' TTONIGHTT
S
f I
fU
i CHARLIE CHAPLINf
1 1
1 !
f f
1 1
! H(1925),
One of the10 Greatest films ever made!j
I
* f
SHORT: Silent 'Comedies'
1 !
! f
, f
N N THE ARCHITECTURE AUCITbRtUM
AOM ISSIONI'FIFTYC E NTSE
..
itri r r~liY~gr O1 " r lr r~~yl ! "'
1
i
i
i
i
i
i
i
i
F
i
i
i
i
~~~~~"DA ILY O FI IL B I L
,r'r., ,.''9,i'a2: x'°.+: ',....?'? . ......."l.' WSW. : a i "'r' ..... .---.-:,.. (...,,' r'
pry;:;:.;.; '.:::::.. . . s'
.r... r": 2"'.'trr?'{try.'r4 ef f$:::::":'r'. 'i:: r:"''. : 'vt:r'>:r':?"''."r: .% ='rr ,rrLr.+. "v, ;'""::":;
':tiY}. h r:":"::
The Daily Official Bulletin is an
official publication of the Univer-
sity of Michigan for which The
Michigan Daily assumes no editor-
ial responsibility. Notices should be
sent in TYPEWRITTEN form to
Room 3519 Administration Bldg. be-
fore 2 p.m. of the day preceding
publication and by 2 p.m. Friday
for Saturday and Sunday. General
Notices may be published a maxi-
mum of two times on request; Day
Calendar items appear once only.
Student organization notices are not
accepted for publication.
FRIDAY, AUGUST 5
Day Calendar
Bureau of Industrial Relations Sem-
tnar-"How To Install Theory Y":
Michigan Union, 8:30 a.m.
Audio-Visual _'Aucation Center Film
Preview-"Red Bailoon": Multipurpose
Room, Undergraduate Library, 1:30 p.m.
Cinema Guild-"The Gold Rush":;
Architecture Aud., 7 and 9 p.m.
Dept. of Speech University Players
Performance - Noel Coward's "Blithe
Spirit": Lydia Mendelssohn Theatre, 8
p.M.
School of Music Degree Recital -
Jack Watson, trombonist: Recital Hall,
School of Music, 8:30 p.m.
General Notices
Doctoral Examination for Evelyn
Mary MacQueen, Speech; thesis: "John
Gassner: Critic and Teacher," Mon.,
Aug. 8, East Council Room, Rackham,
at 3:10 p.m. Chairman, W. P. Halstead.
Doctoral Examination for Nasser
Mahootian, Nuclear Science; thesis: "An
Electron Spin Resonance Study of Va-
nadium in Calcium Tungstate Crystal,"
Fri, Aug. 5, Roon 315 Auto Lab., at
3 p.m. Chairman, Chihiro Kikuchi.
PLANS FOR SUMMER
COMMENCEMENT EXERCISES
Sunday, Aug. 7, 1966, 2 p.m.
Time of Assembly-1 :15 p.m.
Places of Assembly-Regents, Presi-
dent and other executive officers, min-
ister, speaker, candidate for Regents'
citation, and candidate for honorary
degree, in the Kalamazoo Room of the
Michigan League where they may robe.
Deans and other administrative of-
ficials taking active part in the exer-
Phone 482-2056
Entut On. CARPENTER RUAO
OPEN 7:00
NOW SHOWING
hown*.. at 82&1:4
cises, in the Michigan Room of the
Michigan League, where they may robe.
Members of the faculties in Room
2071 Natural Science Bldg., where they
may robe.
Students of the various schools and
colleges, in Natural Science Bldg. as
follows:
Section A-Literature, Science, and
Arts - Front part of auditorium,
west section.
-Education-Front part of auditor-
ium, center section.
-Architecture-Front part of audi-
torium, east section.
-Law-Front part of auditorium,
east section (behind Architecture),
Section B-Graduate - PhD candi-
dates, Room 1053.
-Masters candidates, rear part of
auditorium.
Section C-Engineering-Room 2054.
-Business Administration - Room
2042.
-Music-Room 2033 (north end).
-Nursing-Room 2033 (south end, be-
hind Music).
-Public)Health-Foom 2023 (west
end).
-SocialWork--Room 2023 (center,
behind Public Health).
-Natural Resources-Room 2023 (east
end, behind Social Work).
March into Hill Auditorium: 1:45 p.m.
Academic dress.
Placement
POSITION OPENINGS:
A. E. Staley Manufacturing Co., De-
catur, Ill. - Applications Chemist in
Consumer Product Technical Service,
BS/MS in Chem., Chem. Engr., of food
technology. 2-5 yrs. in consumer dev. or
tech service in household cleaning aids
or related field. Consumer Research
Analyst, BA/MBA in Psych., Soc., Mar-
keting, or Stat. Less than 5 yrs. exper.
Development Chemist in Consumer
----- IqU
Products, BS/MS in Churm. or Chem. then independent, various locations and
Engr., 2-5 yrs. in consumer product de- free to contact with other offices. Pre-
velopment. fer degree holder, married. Largest auto
Office of Economic Opportunity, and fire insurance company.
Flint, Mich.-Executive Director for * *
Community Action. Masters in Public For' further information please call
Admin., Soc., or Bus. Ad., or BA and 764-7460, General Division, Bureau of
related exper. Deputy Director for Con- Appointments, 3200 SAB.
munity Action, ES Masters preferred _____________________
in public finance, acctg., bus., ad., or
administrative experience for the MA. c G NIA IC
Local Manufacturing Firm, Ann Ar-
bor-Cost Accountant and Stenograph-
er. Cost Acctg.-some formal trng. in;
standard cost acct., some knowl. ofN
flexible budgets, min 2. yrs. college.
Stenographer-Competent and exper-
ienced, clerical typing, filing, prefer USE OF THIS COLUMN FOR AN-
shorthand. NOUNCEMENTS is available to officially
Kanton, Rosenbaum and Lillie, Grand recognized and registered stundent or-
Rapids, Mich.-Openings for several sen- ganizations only. Forms are available in
ior accountants, prefer college grads Room 1011 SAB,
who are CPA's or have had several yrs. *
exper. with public acctg. Folk Dance Club (WAA), Folk dance,I
Local Insurance Agency -- Trainee with instruction, open to everyone,
Agent, two years on trainee program Fri., Aug. 5, 8-11 p.m., Barbour Gym.
IMPORTANT! NO ONE UNDER 18 WILt.BE ADMITTED UNLESS ACCOMPANIED BY HIS'PARENT.
uNwaeo awypst Nrdav hut. twog,
puted key points prevented draw-
ing up a formal treaty.
The two nations agreed that
space, the moon and the planets
should be freely accessible to all,
that no state should appropriate
any part of them, that space be
reserved for peaceful purposes and
ruled by the principles of inter-
national law and the United Na-
tions charter.
Soviet delegate Platon D. Moro-
zov, however, rejected these U.S.
proposals: that a state's sta-
L.
-A
Daily Classifieds Get Results,
i i
wwmmw
----------------- V U u v V 1
I
x *
A Little Birdie
EUIZENEE
Wd ERNEST LEHMAN'S PRODUCTION
.Fm.El UP
*TY L"J iZq .
DIAL 5-6290
Shows at 1:30-4:00-6:30-9:00
Eves. & Sun. $1.50
Matinees $1.25
T grTTTTTTTTTTTTTTTTTTTTTTT '
George Weiin Presents
IFESTIVAL ENCORE!j
Detroit's Greatest JAZZ Concert
SSunday, Aug. 7--Cobo Arena-8 p.m.
SSarah Vaughn* Dave Brubeck art.
IMiles-Davis ant. -Horace Silver ant.~
IJimmy Smith Trio, * Joe Williams
Fr. Thomas Vaughn Trio
*ALL SEATS RESERVED: $3, $4r $5. $6
STICKETS ON,. SALE: J. L. Hudson Tikect Conters -Downtown,
*Northland, Eastland, Westlandi; all Metropolitan Detroit Grinnell
* stores; and Cobo Arena Box Office.
* MAIL ORDERS: Send check and self-addressed stamped envelop. is
* to, Festival Productions, Inc., c/o Cob* Arena Box Office, Detroit, 'K
*F Michigan 48226.a
TONIGHT and TOMORROW
at 8.00 P.M. in the AID-CONDITIONED
LYDIA MENDELSSOHN THEATRE
BOX OFFICE OPEN: 12:30-8:00
UNIVERSITY PLAYERS ( Dept. of Speech)
present
NOEL COWARD'S Sophisticated Force
Told Me To Tell You
DINE
OUT'
- "W'W'W
1THIS
WEEKEND
!
l
r r'r
1 I
E
,
DIAL 2-6264
sopHIA PAUl
[UN NEWA
DAMI
I
DIAL
8-6416
One Show
Tonight
at 7:15
1
r
rwmrmFwvw"=urww=rw
Old fleidelber
211-213 N. Main St. 668-9753
Specializing in GERMAN FOOD,
FINE BEER, WINE, LIQUOR
PARKING LOT ON ASHLEY ST.
Hours: Daily I1 A.M.-2 A.M. Closed Mondays
-BY THE SAME PRODUCERS
SEE never before shown films of the actual public suicides of
Buddhist Monks in Saigon. See them die by fire and gasoline!
SEE strip-teasers clothed only with wet transparent tissue
paper. SEE actual scenes of today's active slave trade! SEE the
hilarious slap concert where music is produced by the vicious
slapping of the faces of a male chorus. SEE the shocking and
hilarious dance of female impersonators in sin-ridden Hamburg.
SEE American policemen, disguised as women, act as bait for
sadistic molesters and deviates! SEE call girls exposed in their
home on wheels! SEE men fight with sharks! SEE MONDO
PAZZO; it starts where Mondo Cane left off!
RIZZOLI FILM DISTRIBUTORS INC. PRESENT'
"BETTER THAN .
MONDO CANE"
Los Angeles Times
A productloa @ th. 'CINO MATO AMICA FEERIZ SPA.
It was a Plus 2nd Feature
4/
L.
LJIDY
vI
r
'L~~r*,;I
I
I
I
I
C < :: rN. Y. DAILY NEWS
1 ii INA-
r
M~WIP
s